999 The Truth! Dick Morris TV Lunch ALERT! YouTube
my comment:
A income of 25,000 will have to pay the 9% income tax, but will get back the 7.65% payroll tax on SSI and there is talk of giving a minimum wage increase of 7.65% to assuade the employer to give the worker the 7.65% SSI tax also ended, to make for a cashflow increase for the poor under 9-9-9.
Also, when you change from our current production tax to a consumption tax it takes the tax out of domestic goods price. FairTax would take much more out, but we will see a reduction of embedded taxes, such as the 22% that is hidden in bread today.
George
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If everyone knew all there is to know, they would not do half the things they do, including myself, therefore I must foregive them, including myself.
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If everyone knew all there is to know, they would not do half the things they do, including myself, therefore I must foregive them, including myself.
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